"Our Children and Grandchildren are not merely statistics towards which we can be indifferent" JFK

Friday, June 25, 2010

Financial Reform...not based on headlines...judge for yourself

June 25, 2010 Headlines
Bloomberg
Banks ‘Dodged a Bullet’ as Congress Dilutes Rules
Bove Says ‘Buy’ Banks as Regulatory Overhaul Won’t Hurt Them
U.S. Stocks Gain on Banks; Russell 2000 Surges Before Changes
Bank Stocks Advance as S&P 500 Fluctuates; Oil Rises on Storm

Forbes
Bank Stocks Rally As Financial Reform Comes Together
Financial Reform Leads Stocks Higher

Newsweek
Financial Reform Makes Biggest Banks Stronger‎

Associated Press
Bank Stocks Rise on Financial Reform News
Bank stocks soar on financial regulation agreement

Marketwatch
Financials climb on reform deal

The banks did well today...(great job Barney Frank and Chris Dodd)
JP Morgan up $1.41
Goldman Sachs up $4.67
Morgan Stanley up $.75
Mastercard up $3.50
Discover Financial up$.44
Capital One up $.67
American Express up $1.61
Bank of America up $.40

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